Page 10 - Lockton Total Rewards Practice
P. 10
Total Rewards and Compensation Consulting Practice
Total rewards survey overview SAMPLE PARTICIPATION
RATES
01 02 03
Importance and satisfaction MaxDiff Conjoint 85.4%
of current rewards
• Rated level of importance of each reward • Preference comparison (MaxDiff analysis) • Package comparison (Conjoint analysis) This exceeds the response rate we were
hoping for which was between 70%-
• Independently rated satisfaction with • Determines preference levels within a list • Determines preference levels within a 75%. The more than adequate MaxDiff
reward of items full package response and the excellent Conjoint
response give us confidence in our data
and analysis.
Importance versus satisfaction MaxDif analysis
• Evaluates a comprehensive list of current rewards offered MaxDiff analysis
5 Most Preferred
Benefits
• Rates the importance of a reward Banking Vacation Days
Compressed Workweek
• Rates the satisfaction of a reward Cancer/Critical Insurance
Employer Contribution to HSA
− Including “Not Enrolled” and Personal Travel/Ticketing
Benefits
“Unfamiliar/Unaware 5 Least Preferred
Pet Health Insurance
Fertility Assistance
Health Fairs/Nutritional Counseling
Adoption Assistance
Adult Orthodontia
Lockton will create an initial
list of items and suggested
organization for survey purposes
after data request items are
received and discovery meeting is
completed.
11
Surgery Partners — Lockton Beneits Practice overview 10 Lockton Companies
Total rewards survey overview SAMPLE PARTICIPATION
RATES
01 02 03
Importance and satisfaction MaxDiff Conjoint 85.4%
of current rewards
• Rated level of importance of each reward • Preference comparison (MaxDiff analysis) • Package comparison (Conjoint analysis) This exceeds the response rate we were
hoping for which was between 70%-
• Independently rated satisfaction with • Determines preference levels within a list • Determines preference levels within a 75%. The more than adequate MaxDiff
reward of items full package response and the excellent Conjoint
response give us confidence in our data
and analysis.
Importance versus satisfaction MaxDif analysis
• Evaluates a comprehensive list of current rewards offered MaxDiff analysis
5 Most Preferred
Benefits
• Rates the importance of a reward Banking Vacation Days
Compressed Workweek
• Rates the satisfaction of a reward Cancer/Critical Insurance
Employer Contribution to HSA
− Including “Not Enrolled” and Personal Travel/Ticketing
Benefits
“Unfamiliar/Unaware 5 Least Preferred
Pet Health Insurance
Fertility Assistance
Health Fairs/Nutritional Counseling
Adoption Assistance
Adult Orthodontia
Lockton will create an initial
list of items and suggested
organization for survey purposes
after data request items are
received and discovery meeting is
completed.
11
Surgery Partners — Lockton Beneits Practice overview 10 Lockton Companies